9.01 Purpose of the Policy

The primary purpose of this Intellectual Property Policy is to provide the necessary incentives and protections to encourage the discovery and development of new knowledge and its application and transfer for the public benefit, and to enhance the generation of revenue for the University and the Creator(s).

The University is guided by the following objectives:

A. To ensure that the educational mission (discovery, learning and engagement) of the University is not compromised;
B. To optimize the environment and incentives for research and for the creation of new knowledge at the University;
C. To bring the products of creative efforts into practical use for the public benefit as quickly and effectively as possible;
D. To protect the interest of the people of Missouri through a recovery by the University of its investment in research; and
E. To recognize and protect the interests of the public, of the individual Creators of novel concepts, inventions and materials, of the University, and of the sponsors of research.